News Posts
ILS in volatile times
The U.S. government's announcement of massive tariffs on imports to the U.S. led to severe distortions in global equity markets. In times of high volatility, few asset classes can escape the general downturn. Due to their structural independence from the general...
Are Cat Bond Index Tracker ETFs possible in today’s market environment?
In recent months, in conversations with investors in Solidum's Cat Bond and ILS funds, questions have been raised more frequently about the existence - or even the possibility - of Cat Bond Index products. We have taken this as an opportunity to summarize our thoughts...
Los Angeles Fires
The year 2025 started with a catastrophic fire event that affected not only the insurance industry but will have an impact on the ILS asset class as well. The Palisades and Eaton fires in the Los Angeles area both erupted on Jan. 7, fuelled by severe drought...
Hurricane Milton
In the evening hours of October 9, Hurricane Milton made landfall on the eastern coast of Florida, south of Tampa Bay. While the storm was certainly a remarkable cyclone in many aspects, labels such as ‘the storm of the century’ that were used by the media during the...
Hurricane Helene
On September 27, 2024, category 4 hurricane Helene made landfall in Florida's Big Bend region. Due to the storm’s high forward speed, hurricane force winds reached far inland and affected Georgia and the Carolinas as well. In addition, the system was very large, so...
The ILS market in summer 2024
On the basis of a continuing hard reinsurance market and driven by high coupons on catastrophe bonds, the ILS market delivered a strong performance for investors in the first half of 2024. The market continues to grow at a healthy speed, and spreads remain at very...
Cat Bonds and ILS – Review of the year 2023 and outlook 2024
2023 was generally a good year for the insurance-linked securities asset class. On this basis, the Solidum ILS and Cat Bond funds were able to achieve an exceptionally attractive performance. The Solidum Cat Bond Fund and Solidum ELS, SAC3 ended the period with their...
Noto Peninsula Japan Earthquake
On the first day of the new year 2024 a strong Mw 7.5 (Mj 7.6) earthquake occurred on Japan's west coast with an epicenter on the northern Noto Peninsula. This tremor was the strongest shake to affect Japan in nearly one decade. Initial expectations of the...
Event Report: Hurricane Otis
On October 25, at 1:25 local time, East Pacific hurricane Otis made landfall in the Mexican state of Guerrero, near Acapulco de Juáres, as a Category 5 storm, the highest level on the Saffir-Simpson Scale. After landfall, the system quickly weakened over Mexico’s...
Event Report: Hurricane Idalia
On August 30, at 7:45 local time, Idalia made landfall as a Category 3 hurricane in Florida’s sparsely populated ‘Big Bend’ region near Keaton Beach. The storm continued to track in a northeasterly direction, quickly weakening over land, and passed over Georgia and...